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Wednesday, October 28, 2009

Demystifying Low Auto Insurance Quotes

By Frank Froggatt

Right now just like many folks around the world I am going through some economic hard times. Because of the downturn in the economy and cutbacks right now my job is cut down to four days a week for the next 6 months, which is a 20% cut in pay. I know that the limited amount of savings that I have put away isn't going to carry me through this difficult time so I am going to have to look at all my household expenditures and make the cuts that are necessary. I think the place that I am going to start off out by looking at a mixture of different car insurance quotes from multiple companies as the premiums I am paying now are on the high side.

It used to be a real bother, and a time-consuming ordeal when you wanted to get a bunch different quotes from automobile insurance companies. That is the whole reason why stayed with that company for so long despite their regular rate increases. It was because I didn't want to take this time that I ended up paying a lot more in premiums than I should've been paying. These days though fortunately, I can find plenty of different vehicle insurance companies from which to obtain quotes from easily and in a timely fashion.

A lot of the different insurance websites out there provide searchable databases that any prospective buyer can take advantage of. All it takes is for you to enter some information about yourself and your vehicles and in no time at all you can have several different auto insurance quotes from multiple providers all around the country. Some of the quotes that you get will be from your large and nationwide businesses, but you also get quotes from businesses that you probably wouldn't have heard of without these services. A lot of the times smaller insurance companies are in a better position to offer much more competitive rates than the major carriers can, so I truly believe that I will be able to get any much better rate coming out of this whole process -- which is exactly what I want.

All that is left to do after I have received my affordable car insurance quotes is to contact each of the companies and find out the specifics for each policy. I need to find out what the declarations are for each policy. IE; deductibles, and coverages, as well as whether I will be able to sign on for a month to month plan or if it has to be a long-term contract. Some other things that I need to find out is if there are any types of additional discounts for being a safe driver, not have any tickets on my record, and having a newer vehicle, etc. Those extras can really add up to significant savings, so it's definitely worthwhile to at least ask.

Anyway, I know that lowering my monthly premiums is just the tip of the iceberg as far as receiving my personal finances under control, but hey -- I've got to set out somewhere, right? After I check out these auto insurance quotes and find a lower rate, I can try to tackle the other items in my budget. - 23211

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